Chapter 140 Stealing the house is impossible, you have to force it
There are still possibilities.
People will lie flat, and Mr. Liu is no exception.
In addition to lying flat, there is actually another option, which is to increase capital and spend money to repurchase shares.
The former type is unlikely.
Because once you lie down, it means not only being eliminated, but falling into the clouds and having nothing, but also being in prison.
Because the money lent to Lu Tanping and others belongs to the country.
The state's money was lent privately to Lu Tanping and others, and allowed them to make a fortune and hold a large number of shares in state-owned companies, which was a plea of state-owned assets.
Jiang Chen thinks that the latter type is unlikely.
Mr. Liu was planning everything carefully and even tried his best. His actions were nothing more than state-owned private enterprises, and he completely held Lenovo in his hands.
If the company's shares are repurchased at this time, then the state-owned funds must be used, and the repurchased shares must also be held by the state.
That means all efforts will be in vain.
It was difficult to transfer the country's shares to the Hong Kong businessmen, and he began to have the possibility of fully controlling the company, but once the shares returned to the country, it would mean that he worked hard for several years and returned to liberation.
forward.
By then he would still be just a senior working person who could be replaced at any time.
Such a result should be something that Mr. Liu could not accept.
Therefore, the biggest possibility is that Mr. Liu is trying to find a way to reverse the situation and trigger a bottoming out stock price rebound.
That's almost certain.
Because only in this way can the equity maintain the current structure, institutions, and Hong Kong businessmen not sell large amounts of stocks in their hands.
This ensures control over the company and ensures that equity will no longer return to the state's control in large quantities.
In fact, Mr. Liu did the same thing in the past.
In order to solve the crisis faced by listed companies, Mr. Liu merged the most valuable assets of Beijing Lenovo into Xiangjiang Lenovo.
Then Mr. Liu succeeded.
Stock prices bottomed out and rebounded, and Hong Kong businessmen withdrew. In this war without seeing the smoke of gunpowder, Hong Kong businessmen led by Lu Tanping made a fortune. With just 400,000 Hong Kong dollars, they reaped hundreds of millions of returns. Mr. Liu also successfully transferred the country.
It became his own.
Only the country is lost.
Of course, it is not that simple in actual operation.
In a word, it is impossible to lie flat. In contrast, although it is not in the interest to return to the state, it is not completely unacceptable.
It’s nothing more than just returning to the pre-liberation overnight, which is better than being completely eliminated or even facing imprisonment.
Moreover, if it is virtual, it is real, and if it is real, it is virtual. Many times, it is just to stabilize the situation. To be honest, it may not be necessary to do that.
This is also the significance of the provision.
According to regulations, as the acquirer, Jiang Chen can no longer acquire Lenovo's shares within three days from the date of submission of the written report.
And these three days are just the time when Lenovo Public Relations takes measures, so it is not an exaggeration to say it is a breather.
On the other hand, without this regulation, it would be too easy to acquire. Maybe the tower was stolen before it could even react.
Mr. Liu was obviously well aware of these rules and principles, so Lenovo issued an announcement that afternoon.
The content is very simple. For the long-term plan, the company will urgently take out a sum of money to repurchase the company's shares.
"You really got it right. Lenovo issued an announcement and was preparing to spend some money to repurchase the company's shares."
On the soft beach in Repulse Bay, Luo Qing couldn't help laughing when she received the news.
Jiang Chen was sitting under the parasol wearing sunglasses, holding a glass of watermelon juice in his hand, looking at the blue seaside and sucking, "It's not okay to say that it's not good. You can't sit there without anything, right?"
"Then do you think Lenovo will really launch a stock repurchase plan?" Luo Qing asked. She was wearing sunglasses and had a very good figure in a swimsuit.
Jiang Chenle said: "It shouldn't be the case in a short period of time. I don't doubt Mr. Liu can take out the money, nor do I doubt he can convince everyone to buy back the stocks.
But the problem is that he himself is not willing to return the stock to the country again, otherwise he would not have been determined to let Hong Kong businessmen hold a large amount of shares if they borrow money in violation of regulations.
So (this chapter is not finished!)
Chapter 140
Therefore, this is actually a crisis public relations to soothe people's hearts.
But in the long run, if you really go any further, if you just say it is useless, you will probably put it into practice.
The two evils are the least. The worst thing is that it is better to go back to the pre-liberation night than to be completely eliminated."
Luo Qing nodded and bit the straw: "Then if this happens, won't the next acquisition be very troublesome?"
Jiang Chen sighed: "Yes, I can't trade for two days, it's too passive."
In fact, the best strategy is to steal.
The problem is that the rules do not allow stealing, and the shareholding ratio of 5% must be made public.
Then for every five percent increase, a written report must be submitted again, and there will be a two-day ban on trading.
In fact, this is all fine, otherwise the company would be stolen at any time and would not even have a chance to react, and would be in chaos.
The main reason is that Mr. Liu is too smart, too cautious, and is too cautious. He is only 10% targeted and calls to ask.
If it weren't for this, I wouldn't dare say that there was more, and it would be absolutely fine to swallow one or twenty percent more.
But then again, it’s not a prudent person.
Five percent are major shareholders, and ten percent have the right to request a shareholders' meeting.
Such a large change in equity structure and no reaction at all is called abnormal.
Not to mention that Mr. Liu has a ghost in his heart, and he has a little bit of a bow, snake, and shadow.
This way, it is actually good to eat 10%, at least there is no obstacle in the process.
Of course, you still have to work hard.
675 million shares, 10% of which is less than 70 million shares.
With less than 70 million shares, the share price during this period has cost less than 22 million Hong Kong dollars in total.
Where is this?
For foreign exchange totaling more than 30 million US dollars, less than 10% were used according to the current exchange rate.
In this case, even if you spend money, you can easily spend 20 to 30% of the shares.
Because Lenovo's market value is now there, it is less than HK$300 million.
No matter how capable Mr. Liu is, he cannot borrow money from the bank for tens of millions of dollars or tens of millions of dollars.
So he quickly smiled and said, "Since you can't be sneaky, come openly!
Let’s arrange it and ask the team to make a tender offer report. By the way, we will meet these Hong Kong merchants to see if we can reach an agreement.”
According to the acquisition method, acquisitions can be divided into agreement acquisitions and tender acquisitions.
As the name suggests, an agreement acquisition means that shareholders reach an agreement privately or secretly buy it in the secondary market.
Only when the shareholding ratio reaches 5% in this way can it be disclosed and turned into a light.
On the other hand, a tender offer is to come out openly.
In fact, there are two types. One is an active offer. I told you from the beginning that I am going to acquire you. The other is a passive offer, which is a passive offer. It is a passive trigger after the shareholding ratio reaches 30%.
At present, sneaking is no longer possible, so you can only attack shareholders and openly.
Chapter 140
Chapter completed!